Post
Topic
Board Speculation
Re: Lightning Network will help bitcoin`s price reach 6,000 USD in November
by
LFC_Bitcoin
on 25/03/2019, 09:46:15 UTC
Price will grow when whales will be ready. Not when good news will appear. We are no longer in bull market where good news pumps x2. We are in bear market where average investor is to scared that its last year of bitcoin. No matter if with or without LN.

Slow down. Firstly we need to break 4k resistance and huge sell walls in 5200-6000 range.
Good news is that price didn't drop after CBOE delisting bitcoin futures news meas that there are no panic sellers anymore. Weak hands left their bitcoins after breaking 6k support.
https://www.cryptoglobe.com/latest/2019/03/cboe-delists-bitcoin-good-or-bad-news/

We’re at the very end of the bear market, possibly beginning to transition into bull market. This is the accumulation phase, time to buy cheap coins.

$6,000 may take some time to be breached though, maybe the end of 2019.